24th Sep 2015 17:22
LONDON (Alliance News) - Royal Dutch Shell PLC and BHP Billiton PLC are backing an "energy transitions commission" which will advise governments on how to combat climate change without damaging their economies, the Financial Times reported Thursday.
The two FTSE 100-listed majors will be joined by US conglomerate General Electric, the McKinsey management consultancy and other large companies, which will work to create a blueprint for a greener global economy in the next 15 years, the FT said.
The move is one of several initiatives fossil fuel groups are supporting as countries prepare to strike a UN climate change accord in Paris in December that is supposed to cut global greenhouse gas pollution.
But the commission, due to be formally unveiled at a conference in Texas on Monday, is already under fire from some climate campaigners asking if a body supported by fossil fuel companies can offer objective guidance on global warming, the FT reported.
http://www.ft.com/cms/s/0/ebd4ae20-62bd-11e5-a28b-50226830d644.html#axzz3mg3poCIU
By Joshua Warner; [email protected]; @JoshAlliance
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